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Celonis Product Documentation

Payment Term Checker
About this app

The Payment Term Checker compares payment terms on posted invoices, purchase orders and vendor master data to identify unfavorable mismatches. The app is supported for SAP ECC, and is best for customers who process both POs and Invoices in SAP.

Note

Out of the box, the Payment Term Checker will only work with SAP. Any other connections will require additional configuration.

Key benefits of the app:

  • Drive Free Cash Flow improvements by avoiding paying invoices too early due to unfavorable mismatches.

  • Improve DPO by maximizing available payment terms.

  • Standardize payment terms usage by identifying vendors with multiple terms or inconsistent usage of payment terms.

Prerequisite